Hex Trust Partners with Ondo Finance to Expand Custody Solutions

Hex Trust Partners with Ondo Finance to Expand Custody Solutions

June 19, 2024

In a strategic move to enhance its digital asset custody offerings, Hex Trust has announced its integration with Ondo Finance. This partnership allows Hex Trust's clients to securely custody two of Ondo's market-leading yieldcoins: $USDY and $OUSG.

Ondo Finance is at the forefront of innovation in the tokenization space. With this integration, Hex Trust's clients can now access and custody these two popular yieldcoins, expanding the reach of Ondo's products to a wider institutional audience.

(NOTE: USDY is not, and may not be, offered, sold or otherwise made available in the US or to US persons. USDY also has not been registered under the US Securities Act.)

This integration showcases Hex Trust's dedication to providing its clients with access to a diverse range of digital assets, while also highlighting Ondo Finance's commitment to expanding the reach of its innovative products. By combining Hex Trust's compliance-focused custody solutions and Ondo's market-leading yieldcoins, both companies are positioned to deliver enhanced value to their respective clients.

For Hex Trust's clients, this partnership offers the opportunity to securely custody $USDY and $OUSG within Hex Trust's regulated custody platform. This integration aligns with Hex Trust's mission to provide its clients with access to a wide range of digital assets, enabling them to diversify their portfolios and explore new opportunities.

This strategic partnership between Hex Trust and Ondo Finance reflects the continued evolution of the digital asset ecosystem, where key custody providers and innovative projects collaborate to deliver comprehensive solutions to their clients. As the industry continues to grow, such collaborations will play a crucial role in driving greater institutional adoption and fostering the development of the broader crypto landscape.

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About Hex Trust

Established in 2018, Hex Trust is a fully licensed digital asset custodian dedicated to providing services for protocols, foundations, financial institutions, and the Web3 ecosystem. Get access to custody, DeFi, brokerage, and other services built on regulated infrastructure.

For more information, visit hextrust.com or follow Hex Trust on LinkedIn, X and Telegram.

About Ondo Finance

Ondo Finance provides institutional-grade, blockchain-enabled investment products and services. Ondo has an asset management arm that creates and manages tokenized financial products as well as a technology arm that develops decentralized finance protocols and other blockchain solutions.

For more information, visit: ondo.finance

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